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Articles by Toronto Kid
Army Chief Issues Stark Warning To Potential Enemies
Amid escalating tensions between Putin and Obama, Military.com's Matthew Cox reports, the U.S. Army's chief of staff on Tuesday issued a stern warning to potential threats such as Russia and vowed the service will defeat any foe in ground combat. "The strategic resolve of our nation, the United States, is being challenged and our alliances tested in ways that we haven't faced in many, many decades," Army Chief of Staff Gen.
CHuCKY CLiNToN...
The gold price continued to fall overnight after the Bank of England, contrary to expectations, kept interest rates unchanged at yesterday's meeting.
US Oil Rig Count Rises At Fastest Pace Since Dec 2011
The US oil rig count rose 6 to 357 this week - this is 6th rise of the last 7 weeks (up 41 rigs) - the biggest absolute rise since May 2014. Off the lows, the US oil rig count is now up over 10% - the most since Dec 2011. Of course, oil prices are rallying on this news... *U.S. OIL RIG COUNT UP 6 TO 357, BAKER HUGHES SAYS The oil rig count continues to track 3mo lagged WTI prices almost perfectly...
SaxoBank CIO Warns "Central Banks Can Do Nothing"
In April 2015, Saxo Bank chief economist Steen Jakobsen said that zero rates, zero growth, zero productivity, and zero reforms have left a great many countries adrift in a “new nothingness”. The products of this nothingness, said Jakobsen, include apathy, stagnation and “an economic outlook based more in peoples’ heads than in reality”.
The Unintended Consequences Of Minimum Wage Increases
As politicians and businesses trip over each other to see who can raise the minimum wage the fastest and to what extent, the typical "totally unforeseen" consequences of central planning are being felt. From a human resource perspective, workplace tension is on the rise. Employees are increasingly expressing to managers that they're unhappy with the fact that new employees are starting at a base similar to what they are now earning, after months or years of hard work.
Why The Obamacare Gold Rush Is Bankrupting America
Submitted by Devon Herrick via National Center for Policy Analysis, Our health care system is going to implode under its own weight. National Health Expenditures are approaching 20 percent of gross domestic product — a figure that is expected to about double over the next half century. Obamacare didn’t start the process, but it’s expediting the job started when Kaiser Shipyards requested permission during World War II to offer health coverage as a fringe benefit.
Europe's Migration Crisis: No End In Sight
Submitted by Judith Bergman via The Gatestone Institute, Pope Francis, on his recent visit to the Greek island of Lesbos, said that Europe must respond to the migrant crisis with solutions that are "worthy of humanity." He also decried "that dense pall of indifference that clouds hearts and minds." The Pope then proceeded to demonstrate what he believes is a response "worthy of humanity" by bringing 12 Syrian Muslims with him on his plane to Italy. "It's a drop of water in the sea.
Trump Reveals The Secret Behind His Success
One of the recurring complaints about Donald Trump, if mostly emanating from those whom he is defeating on the campaign trail, is that the Republican presidential front-runner should act more "presidential." Then, just a few days ago, the WaPo's Chris Cillizza - one of Trump's biggest media adversaries who has predicted Trump's political demise countless times so far - wrote that Trump 2.0 is being unveiled.
We Are All Preppers Now
Damian McBride is the former head of communications at the British treasury and former special adviser to Gordon Brown, erstwhile Prime Minister of the U.K. Yesterday he tweeted some surprising advice in response to the plunge in global equities markets.; Advice on the looming crash, No. 1: get hard cash in a safe place now; don't assume banks & cashpoints will be open, or bank cards will work.
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